Microsoft to buy appliance maker DATAllegro

BOSTON (Reuters) - Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz) plans to buy DATAllegro, the two companies said on Thursday.

Terms of the transaction were not disclosed in their statement.

DATAllegro is a privately held maker of computers loaded with software that help companies analyze complex sets of data. DATAllegro competes with Teradata Corp (TDC.N: Quote, Profile, Research, Stock Buzz) and Netezza Corp (NZ.P: Quote, Profile, Research, Stock Buzz).

(Reporting by Jim Finkle)